Netsurf Network sees potential in Goa market

06 May 201706:47pm IST

06 May 201706:47pm IST

Headquartered at Pune, Netsurf Network is one of the leading direct selling networks in India with a customer base of two million spread across 22 states. The company offers about 49 natural and herbal products. VIKANT SAHAY met with the company’s CMD, Sujit Jain, to know future plans

Headquartered at Pune, Netsurf Network is one of the leading direct selling networks in India with a customer base of two million spread across 22 states. The company offers about 49 natural and herbal products. VIKANT SAHAY met with the company’s CMD, Sujit Jain, to know future plans

HERALD: What does your company do?

SUJIT JAIN: Netsurf Network is a direct selling company which manufactures, markets and sells world class products and services, created out of natural ingredients. While doing this we also give a long term career to our direct sellers.

HERALD: What are the products you have in your shelf?

SJ: We have four range products. First is our farm care range which is called BioFit. Second is our healthcare range which is NaturaMore. Third is our personal care which is called Herbs&More and last one is our home care range which is called Clean&More. We have about 50 products which is 100 per cent owned by Netsurf.

HERALD: What will be the turnover of your business and how and where do you sell your products?

SJ: We sell our products across 22 states in India through our direct sellers as we have our stock points. Our turnover is Rs 150 crore for the financial year 2016-17. We have been growing at the rate of 25 per cent for the last five year and we intend to reach at 30 per cent from next year onwards.

HERALD: Out of the four product ranges which are more popular?

SJ: In fact it is not one. There are two. Our health care and our farm care are growing at 40 per cent. In health care we have products related to nutritional food supplements and in farm care we have products as ingredients which helps the farmers engaged in organic farming.

HERALD: What made you come to Goa?

SJ: The plan for Goa is to set up three stock points to start with. One each in Panjim, North and South Goa. Our focus will be two-pronged. First to target our customers for our farm care product, specially with the cashew farmers. Considering the progressive educated demography of Goa, unemployment rate is pretty high in the State. We would like to target those unemployed to provide them an opportunity to have a stable direct selling career with Netsurf Network.

HERALD: Why Goa now?

SJ: We were serving Goa, initially from Kolhapur stock point. Now we see a potential that’s why we are here. Like last year the Goa government announced there will be 50 per cent subsidy for organic inputs and this was a very inviting policy change for us. There is about 1.35 lakh acres of cashew farming in Goa which itself is a potential business of Rs 100 crore.